EU-Startups

MedTech startup Eyedentity AB has closed its first oversubscribed investment round €1.3 million to expand their AI-powered diagnostics platform into opticians, eye clinics and hospitals 🇸🇪 👁

The round was led by Norrsken Launcher, with participation from the Karolinska Institutet Innovation and a group of angel investors.

Gustav Stålhammar, co-founder and CSO of Eyedentity, says: “A huge number of images are already taken at opticians, and there is a trend that opticians in particular are getting an increasingly large group of patients, for example people seeking help for vision problems, dry eyes or other problems.”

Stockholm-based Eyedentity secures €1.3 million to detect deadly eye cancer earlier with AI | EU-Startups MedTech startup Eyedentity has closed its first oversubscribed investment round €1.3 million (SEK 15 million) to support regulatory approval, further

Redfaire, a Limerick-based enterprise resource planning (ERP) and cloud services provider, has secured a €13 million minority investment from Ireland-based growth capital firm BGF. 🇮🇪 ☁️ 📈

The funding will back the company’s international expansion, ongoing service development and a targeted acquisition strategy. The round comes shortly after Redfaire’s acquisition of eKal Solutions, which adds established capabilities across human capital management, enterprise performance management, financials and supply chain management solutions.

“We built Redfaire by staying close to our customers and taking on their most complex ERP challenges. BGF’s investment is a strong endorsement of that work and of the team behind it. Their backing allows us to accelerate international expansion, further enhance our capabilities, and broaden our reach and expertise. BGF is a partner that shares our long-term, growth-focused mindset, and we look forward to delivering for our customers and our people,” said Brian McInerney, CEO and co-founder of Redfaire.

Limerick-based Redfaire lands €13 million from BGF to scale its ERP and cloud services business | EU-Startups Redfaire, a Limerick-based enterprise resource planning (ERP) and cloud services provider, has secured a €13 million minority investment from

HexSeed Technology, a carbon capture and utilisation (CCU) startup that transforms captured CO₂ into high-value supermaterials, has raised over €700k in early-stage funding. 🇬🇧 💎❄️

The funding was led by Carbon13, with participation from Net Zero Technology Centre and Vento Ventures. The cumulative investment also unlocks a Partnership Grant from Innovate UK, awarded on a provisional basis earlier this year.

“Data centres are on track to consume a significant share of UK grid capacity within the decade, and a large proportion of that energy is lost as heat in power conversion. This funding will allow us to take our low-temperature diamond coating technology which we are developing from laboratory demonstration to working GaN devices,” said Mark Tandy, CEO and co-founder of HexSeed.

UK-based HexSeed raises over €700k to cool AI data centres with its with diamond coating technology | EU-Startups HexSeed Technology, a carbon capture and utilisation (CCU) startup that transforms captured CO₂ into high-value supermaterials, has raised over €700k

Europe’s electricity grid challenge isn’t only about building more infrastructure - it’s also about making the grid we already have smarter, more flexible and easier to balance 🇪🇺 💡

From virtual power plants and battery optimisation to smart metering and AI-powered energy trading, a new generation of European startups is building the digital layer of the energy transition.

We look at 10 European Grid-Tech startups to keep an eye on. ⚡

10 European GridTech startups helping our energy systems cope | EU-Startups Europe’s electricity grid is becoming one of the defining infrastructure challenges of the energy transition. The issue is increasingly visible at

ENPULSION, an Austrian manufacturer of spacecraft propulsion systems, has agreed to acquire 100% of the share capital of the UK-based chemical propulsion and tank design company, Me Off (LMO). 🇦🇹🇬🇧🚀 🛰️

The financial terms of the deal were not disclosed, and completion of the transaction is subject to approval by the UK Government under the National Security and Investment Act 2021.

Dr. Dr. Alexander Reissner, CEO of ENPULSION, commented, “This acquisition signals our commitment to building the complete spacecraft mobility backbone. LMO brings institutional design credentials, a talented team, and a complementary technology base in chemical propulsion and tank systems. Combined with our industrialised electric propulsion, ADCS capabilities, and the Cortex integration layer, we are assembling the pre-qualified building blocks that will allow customers to configure their entire mobility architecture from a single, proven partner, without re-engineering from scratch.”

After €22.5 million raise, Vienna’s ENPULSION to acquire British space propulsion company Lift Me Off | EU-Startups ENPULSION, an Austrian industrial manufacturer of spacecraft propulsion systems, has entered into an agreement to acquire 100% of the share capital of the

Antwerp-based Artwod, a guided learning and community platform for visual artists, has raised a €1.1 million Seed round to launch their creators’ marketplace, promote community participation, and build artist loyalty 🇧🇪 🎨

The round was raised with participation from Airbridge Equity Partners and ForsVC.

“As we witness AI performing remarkable things, we mustn’t forget that creativity isn’t only about the final output. You wouldn’t hire a robot to replace you on a family vacation and expect it to come back with your memories. The value is in experiencing it yourself. I think art is much the same," says Antonio Stappaerts, founder and CEO, Artwod.

Belgian creative learning platform Artwod raises €1.1 million to launch creators' marketplace | EU-Startups Antwerp-based Artwod, a guided learning and community platform for visual artists, has raised a €1.1 million Seed round to launch their creators'

Pixelgen Technologies, a Stockholm-based company that claims to have developed the first high-throughput platform for mapping molecular cell architecture, has closed a €13.26 million Series B funding round. 🇸🇪 🔬 💊

The oversubscribed round was led by new investor Flat Capital AB, with continued participation from existing investors Industrifonden and Navigare Ventures. Alongside the financing, Pixelgen is adding Flat Capital CEO Rickard El Tarzi and life sciences veteran Ramon Felciano, Ph.D., to its board of directors.

“This financing gives us the resources to expand globally as demand grows for our Proxiome Kit and our data analysis and visualisation software. We’re proud to have Flat Capital join us and to have the continued confidence of Navigare and Industrifonden. Their support will help accelerate our commercial reach, grow our team and product portfolio, and bring molecular cell architecture to more researchers and new applications,” said Pixelgen CEO and co-founder Simon Fredriksson, PhD.

Stockholm’s Pixelgen Technologies secures €13.26 million to advance spatial mapping of cell-surface proteins | EU-Startups Pixelgen Technologies, a Stockholm-based life sciences company that claims to have developed the first high-throughput platform for mapping molecular cell

Callosum, a London-based startup building infrastructure to unify different AI models and chips, has raised €85.4 million in a Seed round to advance what it calls “heterogeneous intelligence”. 🇬🇧 🧠 🤖

The round was led by Atomico, with significant participation from Plural, DCVC, and the UK Sovereign AI Fund, as well as other investors and angels. Callosum said the raise would help it “redefine how humanity computes for AI’s next chapter”.

“AI is nothing without the chips that underpin it – and the eye-watering demand for them is only going to grow. In the race to develop and use AI, success will depend not just on having access to those chips, but on using them as efficiently as possible,” said Kanishka Narayan MP, Minister for Artificial Intelligence, UK Government.

London-based Callosum raises €85.4 million in Atomico-led Seed round to unify AI models and chips | EU-Startups Callosum, a London-based startup building infrastructure to unify different AI models and chips, has raised €85.4 million ($100 million) in a Seed round

Guideless, a Vilnius-based AI-powered software training and operational knowledge platform, has raised a €1 million pre-Seed funding round to help companies create and maintain workflow training materials. 🇱🇹 🤖 🎥 📚

The round was led by Superhero Capital, with participation from FIRSTPICK VC and angel investors Thomas P. (Group CEO of Vinted), Vytautas A.čaitis (Vinted Go CEO), and Vinted co-founder Mantas Mikuckas.

Evaldas Bieliūnas, CEO and co-founder of Guideless, said, “Leading commercial teams and onboarding employees across multiple countries for over a decade, including at Vinted Go, I saw firsthand how much time and money gets wasted on inefficient workflow training. Another standard documentation tool wasn’t going to solve this, so we designed Guideless to convert every workflow it captures into structured operational context, eventually forming an evolving memory layer that preserves institutional knowledge as teams, tools, and processes change."

Vilnius-based Guideless raises €1 million to turn software workflows into narrated video training guides using AI | EU-Startups Guideless, a Vilnius-based AI-powered software training and operational knowledge platform, has raised a €1 million pre-Seed funding round to help

Velatir, an Odense-based AI infrastructure startup, today announced it has secured €5 million in new funding to “triple down” on its European expansion and “compete for the best talent” in the region. 🇩🇰 🤖 🔐

According to the company, this round was completed in two weeks and was co-led by new investor Spintop Ventures and existing investor Ugly Duckling Ventures. Existing VC investors Norrsken Evolve and new angels Jan Oberhauser (n8n) and Thomas Visti (Universal Robots/MiR) also participated in this round. The Danish Export and Investment Fund, EIFO, provided a match loan.

“We’re here to win. Winning means helping European companies stay competitive in the age of AI and protecting Europe’s future competitiveness. Europe has been longing for more European infrastructure champions, and we’re here to answer that calling. Our mission is to enable any company to become AI-native, and with this new round, we’re taking the next step in our journey to become the fastest-growing European AI company,” said Michael Blicher Soerensen, CEO and co-founder at Velatir.

Danish AI infrastructure startup Velatir secures €5 million six months after its pre-Seed round and official launch | EU-Startups Velatir, an Odense-based AI infrastructure startup, today announced it has secured €5 million in new funding to “triple down” on its European expansion